Synertec Corporation Limited · ASX:SOP
Synertec — Shareholder Meeting (November 2020)
28 slides from Synertec's shareholder meeting presentation, Nov 25, 2020
Slide 1: 2020 Annual General Meeting
T +61 (0)3 9274 3000 Ground Floor Synertec Corporation Ltd info@synertec.com.au 2-6 Railway Parade, Camberwell ABN 37 161 803 032 www.synertec.com.au Victoria, 3124, AUSTRALIA www.synertec.com.au ASX Announcement 25 November 2020 2020 Annual General Meeting Chair and Managing Director Addresses & Pr
Slide 2: Chair's Address
Synertec Corporation Limited (ASX:SOP) 2020 Annual General Meeting – 25 November 2020, 2.00PM (AEDT) Chair’s Address (3 pages) – Ms. Leeanne Bond I say with great pleasure it has been a privilege as Chair to be part of the substantial development of Synertec since our last AGM. We must of course ack
Slide 3: Chair's Address (continued)
We welcomed Mr Dennis Lin to the Board in August 2019, and Mr Freddie Heng retired at the 2019 Annual General Meeting in November. Freddie was a long-time director of the Company providing excellent service as Audit and Risk Committee Chair and alongside Mr Poh Kiat was instrumental in the acquisiti
Slide 4: Chair's Address (continued)
With a solid framework now established to commercialise exciting technology both in-house and through strategic partners, we expect that the investments the Company has made will deliver scalable growth in revenue and profitability in the years ahead. The cost of maximising long term shareholder ret
Slide 5: Managing Director's Address
Synertec Corporation Limited (ASX:SOP) 2020 Annual General Meeting – 25 November 2020, 2.00pm (AEDT) Managing Director’s Address (6 pages) – Mr. Michael Carroll Good afternoon everyone. Thank you for joining our meeting today and adopting this virtual meeting platform. I believe this forum should pr
Slide 6: Managing Director's Address (continued)
I am proud of the agility of this Company over several decades and this quality has again served Synertec well through the latest global ‘Black-Swan’ event, which impacted the State of Victoria in particular over most of calendar 2020. Our business, with the support and loyalty of our customers, our
Slide 7: Managing Director's Address (continued)
Notwithstanding the challenging environment of mostly working remotely and unable to travel locally or internationally under Government-imposed COVID-19 restrictions during 2020, Synertec substantially advanced its strategic agenda in FY20. Our excellent project delivery to our Tier-1 customer base
Slide 8: Managing Director's Address: GreenTech licence
In September this year, GreenTech granted Synertec an exclusive worldwide licencing agreement. We have initially focused on the Australian market and leveraging Synertec’s existing customer base to seek partners in Australia to pilot the technology with a view to then marketing a highly scalable sol
Slide 9: Managing Director's Address: CTS
Synertec has identified many potential new projects to target globally and, working together with its worldwide marketing partner, Trelleborg Group and their marine systems operation, anticipates that substantial revenue from this technology product could be derived via several different financial m
Slide 10: Managing Director's Address: Outlook for FY21
Beyond the office move and strengthening our information technology platforms and security, we continue to invest heavily in the development of our people and culture. We firmly believe this enables us to intelligently and practically grow our capabilities and provide a creative environment where ou
Slide 11: Synertec Corporation Limited (ASX: SOP)
Synertec Corporation Limited (ASX: SOP) 2020 Annual General Meeting, 25 November 2020 - Managing Director’s Presentation Synertec Corporation Limited (ASX:SOP) © 2020
Slide 12: Corporate Snapshot
Corporate Snapshot ASX Stock Code SOP Offerings Listing date 11 Aug 2017 • Technology Design and Development Share price as at 24 November 2020 $0.079 • Replicable and scalable solutions to enhance Shares on issue as at 24 November 2020 276.3m industrial clients’ profitability, efficiency, safety an
Slide 13: Long-Term Shareholder Value Creation
Long-Term Shareholder Value Creation ✓ Significant operational and strategic progress since ✓ Underpinned by the consistency that comes from listing on the ASX just over three years ago is gaining having a stable Board, Executive and Management recognition in the investment market team since our ASX
Slide 14: Several Years of Solid Revenue and Cashflow Through Repeat Tier-1 Customers
Several Years of Solid Revenue and Cashflow Through Repeat Tier-1 Customers QCLNG Darwin LNG • With 80% of revenue derived from repeat clients, Synertec delivers with unrivalled experience into a global market where ~US$3.7 trillion in global infrastructure spend is expected to 20401 • The annual va
Slide 15: Catalysts and Growth Potential Building on progress in FY20
Catalysts and Growth Potential Building on progress in FY20 ✓ Base business (highly specialised quality engineering solutions) is expanding through diverse blue-chip contract wins and extensions, generating cashflow to fund growth ✓ The Group is augmenting this organic growth through IP-protected te
Slide 16: Catalysts and Growth Potential Building on progress in FY20 (cont.)
Catalysts and Growth Potential Building on progress in FY20 (cont.) ✓ Secured valuable consultancy arrangements, growing throughout CY20 with several key long-term customers in Australia’s critical infrastructure sectors of Water, Rail and Energy ✓ 'Equity' projects empower Synertec to develop new,
Slide 17: Technology Design and Development
Technology Design and Development: Commercialisation opportunities GreenTech CTS
Slide 18: Synertec + GreenTech: Strategic Synergies and Leverage to Success
Synertec + GreenTech: Strategic Synergies and Leverage to Success • Synertec views GreenTech's recent progress as an attractive opportunity to bolster the Company's tech portfolio: • Synertec has partly funded GreenTech’s commercial scale Pilot Programs on client sites with a senior secured loan fac
Slide 19: Synertec + GreenTech: Strategic Synergies and Leverage to Success
Synertec + GreenTech: Strategic Synergies and Leverage to Success • Sichuan GreenTech Environmental Co., Ltd. (GreenTech) is commercialising innovative technology that provides a unique, environmentally friendly and cost-effective solution to treat toxic sludge and various wastewaters • GreenTech's
Slide 20: Synertec's Immediate Opportunity in Marine-Based CTS
Synertec’s Immediate Opportunity in Marine-Based CTS • Synertec’s development of best-in-class LNG Custody Transfer System (CTS) technology allows the Company to take the solution from land to sea and install marine-based CTS on new and existing LNG vessels • Synertec is now collaborating with a glo
Slide 21: Background: Marine LNG Global Mega-Trend
Background: Marine LNG Global Mega-Trend • The main type of “bunker” oil for ships is heavy fuel oil, the emissions from which contain sulphur, which cause respiratory illness, lung disease and acid rain • This year, the International Maritime Organization (IMO) imposed the steepest- ever cut to sul
Slide 22: Experienced Pharma and Biotech Engineering Solutions Provider
Experienced Pharma and Biotech Engineering Solutions Provider • Heavy private and government spend is expected across the pharma industry both Synertec has built a strong book of customers in Australia and abroad to ensure adequate access to medicines and vaccines across the Asia-Pacific region • Sy
Slide 23: Strategy and Investment Highlights
Strategy and Investment Highlights Synertec Corporation Ltd (ASX: SOP) is a high-tech engineering business commercialising globally scalable technology in the large target markets of Water, Infrastructure, Pharma and Energy. Executing on an immediate global growth opportunity through a blue-chip cli
Slide 24: Contact and Disclaimer
Contact and Disclaimer Michael Carroll David Harris Managing Director & CEO CFO & Company Secretary M: +61 419 351 676 M: +61 434 408 668 michael.carroll@synertec.com.au E: david.harris@synertec.com.au Head Office - Ground Floor, 2-6 Railway Parade, Camberwell, VIC, 3124 - Tel: +61 3 9274 3000 Onlin
Slide 25: Appendices
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Slide 26: Shale Energy Mega-Trend, Led by China
Shale Energy Mega-Trend, Led by China • Shale gas production in China is forecast to triple from 30bn m3 in 2020 to 90bn m3 in 2030. This is creating a huge glut of toxic sludge as mud is constantly pumped to the drilling bit to provide lubrication • Each rig typically produces between 5,000 and 10,
Slide 27: CTS: Synertec's Lead Product in LNG, Market-Proven on Land
CTS: Synertec’s Lead Product in LNG, Market-Proven on Land When transferring large, valuable volumes of LNG, an exceptionally accurate, certified and reliable custody transfer system (CTS) is crucial, as errors of 1% are common and can Synertec’s CTS has gained dramatically impact profitability. the
Slide 28: Board of Directors
Board of Directors Leeanne Bond Poh Kiat Dennis Lin Michael Carroll David Harris Independent Independent Independent Non- Managing Director CFO and Company Non-Executive Non-Executive Executive Director & Chief Executive Secretary Chairperson Director Officer Australia-based Australia-based Australi